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Rikvin Specializes Singapore Company Registration Service
1. Rikvin Specializes Singapore Company Registration Service
July 15, 2011 - In the quickly urbanization of the world, Asia’s assistance is left unnoticed. Authorities are
tackled with different challenges apply policies, devise plans, and engage in endeavours to address the
issues that jump from urbanization. Singapore is no distinct. It gears in the direction of better
formulation of solutions to tests that continually bombard the world.
Amidst the localities that constantly experience implementation of policy is the city-state’s reputation as
the leading enterprise hub in Asia Pacific. Singapore perseveres in providing an avenue comfortable for
living and supplying an environment lucrative for business. Business-minded individuals are captivated
to elaborate their enterprise or commence an enterprise in Singapore.
Therefore, Singapore double-checks that investors and or entrepreneurs, foreign or local should not
experience adversity in registering a company. Foreigners in particular are administered to hire a
company to aid them in the necessities in setting up a company.
Among the companies that supply professional services is Rikvin, a business established at the heart of
Singapore. It focuses in listing a new business or incorporating a foreign business in Singapore either
with or without relocation of investors and their employees.
The most attractive business structure in its portfolio of services is the Singapore Private Limited
Company. Characterized by a legal personality distinct from its shareholders and directors, a private
limited company limits liability within the business. Personal assets of shareholders and directors, real
estate or liquid, are defended from responsibility.
To list a private limited company, Rikvin cites its basic requirements, “it will compose of at least 1
shareholder and maximum of 50 that is either a natural living person or a business entity.”
Investors should assign at least 1 director that has an ordinary residence and who will be the local
resident director. An ordinary residence pertains to citizenship or permanent residence of Singapore.
For foreigners to specify for that position, an ownership of an labor pass is required. In a company
where the directors are more than 1, the requisite of localized residence does not apply to all.
Should the investors experience difficulty in finding a local resident director, Rikvin responds they can
hire the nominee director service. A nominee director is not part of the constitution of the business. Its
existence is only restricted to compliance of the requirement.
Furthermore, Rikvin identifies that “the minimum paid-up capital is set at S$1 which can be increased to
any allowance throughout its existence.” There should also be a business secretary who retains principal
residence in Singapore.
As a resident business, a private limited company enjoys tax exemptions on its 1st 3 years of its
formation. Under certain criteria, certain enterprises relish tax inducements in perpetuity.
About the Publisher:
2. Rikvin offers business solutions for either local and foreign investors or entrepreneurs. One of its
specialties is Singapore Company Registration. The company has successfully help hundreds of foreign
individuals form a Singapore company. Rikvin has effectively facilitated both non-resident and resident
financiers build business firms in Singapore. Incoming calls in our phones are answered by live persons
and not by an answering machine. We recognize the importance of your time and we are aware that
technology cannot replace a person most especially, when we need to make vital business moves.
Rikvin PTE LTD
20 Cecil Street, #14-01, Equity Plaza, Singapore 049705
Main Lines: (65) 6438 8887
Fax: (65) 6438 2436
Email: info@rikvin.com
Website: http://www.rikvin.com/